You’ve already made a smart move. You’ve invested in your lifetime ISA (LISA) with AJ Bell Dodl. But now, it’s time you explored the benefits of making regular monthly subscriptions (adding cash) to your LISA and taking that next step in taking control of your long-term financial future.
Enjoy that 25% government bonus
With a LISA, regular subscriptions mean you consistently benefit from the 25% government bonus. For every £4 you add to your account (up to your maximum of £4,000 LISA allowance), the government adds £1, up to a maximum of £1,000 each year. By subscribing regularly, you ensure you’re making the most of this generous bonus throughout the year and not missing out on any of that free money.
Consistent growth boosts your investments
Investing shouldn’t be stagnant. To ensure you are well prepared to make your long-term financial goal a reality, it can be important to make regular contributions to your LISA to help your investments grow steadily over time.
Even small monthly amounts can add up significantly, enhancing your investment without needing a large one-off payment. It’s a simple but effective way to watch your money grow bit by bit, month by month.
Maximise your tax-free allowance
Spreading regular subscriptions across the year can help you make the most of the tax-free benefits on offer, which could help your investments grow without the burden of taxes. So you, not the taxman, get to benefit from your money.
Build a strong investing habit, create healthy savings
Your LISA deserves a bit of care and making regular subscriptions is an excellent way to do it while building a strong investing habit. Monthly deposits automate your investing, making it easier to stay on track with your long-term financial goals, whether it’s buying your first house or saving for retirement.
Ready to make those regular subscriptions?
Selecting a monthly investment and setting up a direct debit automates your investing habit, which can be a smart, effective way to grow your investments and help you secure your long-term financial goals. Set up a monthly investing today and enjoy the benefits of that incredible 25% government bonus and any growth will be tax-free.
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How to start regular LISA subscriptions
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🔔 Remember investing carries risk and nothing in this article should be taken as advice - Dodl doesn't give advice, but we do hope the info is helpful!